Micromax arm Bhagwati Products Aims ₹15,000 Cr Revenue

Bhagwati Products plans to double revenue in FY26 to ₹15,000 crore with new manufacturing facility, expansion in technology products, and workforce.

Suzuki's e-Vitara EV Exported Globally

India's landmark moment with the Prime Minister flagging off Suzuki's first e-Vitara EV for export to 100 countries, showcasing the country's EV manufacturing prowess and global aspirations.

SBI Cracks Down on Underperforming Subsidiaries

SBI Chairman Setty emphasizes performance benchmarks for subsidiaries, with a focus on SBI Card and SBI Caps. Push for better governance and efficiency amid restructuring and market competition.

India's Electronics Exports Surge

India's electronics exports grew by 47% to $12.41 billion in Q1, with US, UAE, and China as top destinations, showcasing its emergence as a global manufacturing hub.

Chinese Restrictions Threaten India’s Electronics Industry

Trade restrictions by China on capital equipment, minerals, and personnel could harm India’s electronics manufacturing, as highlighted by industry body ICEA.

Amazon Web Services Layoffs Signal Company Restructuring

Amazon has laid off hundreds from its AWS division as AI tech reshapes workforce. Revenue remains strong but focus shifts to efficiency.

TSMC Reports Record Profits fueled by AI chip demand

Taiwan Semiconductor Manufacturing Company sees a 61% rise in Q2 profit, exceeds expectations, driven by AI chip demand. CEO projects 30% revenue growth by 2025. Stock rises by 4%.

FDA Uncovers Manufacturing Issues at Sun Pharma Facility

FDA inspectors found dangerous breakdowns in drugmaking at a Sun Pharma factory in India, raising concerns about drug safety for American consumers.

WazirX to Revote for the restructuring scheme

Singapore High Court approves revote for Zettai's restructuring scheme involving WazirX, urging creditors and users to participate for potential resumption of operations.

Suzlon Energy's Turnaround Story Explained

Suzlon Energy's stock rally hits a consolidation phase, but significant indicators and restructuring efforts paint a positive future outlook for the renewable energy company.

India Post Monetization Plan : To become Real Estate player

India Post plans to monetize its land assets to boost revenue, restructuring operations and introducing new services to become profitable in five years.

Microsoft shuts down operations in Pakistan, citing global restructuring

Microsoft closes its office in Pakistan after 25 years as part of a global strategy to reduce workforce, causing concern for the country's economy and future prospects.

Reliance to Form New FMCG Company

Reliance Industries Ltd is restructuring to create New Reliance Consumer Products Ltd, a dedicated subsidiary for its FMCG brands, attracting specialized investors.

Microsoft to Lay Off 9,000 Employees

Microsoft announces layoffs affecting less than 4% of its workforce as part of ongoing restructuring efforts.

Apple Faces iPhone Production Disruption in India : Foxconn recalls Chinese engineers

Chinese engineers' withdrawal from Foxconn's Indian facilities impacts iPhone 17 manufacturing ramp-up, jeopardizing Apple's India production goals amid rising geopolitical tensions and supply chain diversification efforts.

Foxconn secures approval for $2.2 billion investments in India and US

Foxconn receives regulatory approval for multi-billion dollar investments in India and the US for expanding its manufacturing operations and data center module production.

Raphe mPhibr Raises $100M in Funding Round for Drone Tech Innovation

Noida-based startup Raphe mPhibr secures $100 million in funding to enhance drone technology and manufacturing, aiming to build a strong ecosystem in India.

Panasonic India to Lay Off Workers in Manufacturing Restructuring

Panasonic Life Solutions India is exiting refrigerator and washing machine segments in India, leading to layoffs in high double digits as part of a global restructuring plan.

Maruti Suzuki launches 5-door Jimny in Japan

Maruti Suzuki unveils the 5-door Jimny in Japan, highlighting its global manufacturing capabilities. The SUV, powered by a 1.5L engine, is exported to 100 countries.

Mutual Credit Guarantee Scheme for MSMEs Approved

The Mutual Credit Guarantee Scheme for MSMEs will provide a 60% guarantee coverage to lenders for credit facilities up to Rs.100 crore, aiming to support the manufacturing sector with collateral-free loans.